Preservation of Affordable Housing

West Eleventh

Gorman & Company partnered the City of Phoenix, AZ and the Utah Community Reinvestment Corporation to acquire and substantially rehabilitate an extremely distressed 56-unit multi-family foreclosed property in a challenged neighborhood in Phoenix, AZ. The dramatic acquisition and rehabilitation completely repositioned the property and revitalized the surrounding neighborhood. What has been a community liability for many years in Phoenix will now be a community asset.